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5/27/22 8:23 AM
Rate Indications
 To take down an advance, login to eBanking or contact the Member Transaction Desk : 
855-345-2244, Option 1
 Today's Headlines   Market Rates 
In observance of Memorial Day, on Friday, May 27, 2022, term advances close at 1 p.m.; and overnight and open line advances close at 3 p.m.

Early bird discounts, all before 10:00 a.m.: (1) Available on A120 (<= 27 days) advances, additional volume discounts may be available; (2) 1-month (no minimum at 0.97%) and 3-month (no minimum at 1.39%) A121 advances. To execute, please call the Member Transaction Desk before 10:00 a.m.

Advance Discount Specials (until May 31, 2022): 5 bps discount on qualifying fixed rate fixed term advances, callable fixed rate, and amortizers. Visit our Solutions page on fhlbc.com for Terms and Conditions.  
 Term   Treasury   Swaps   Fixed Rate Advances 
2 years 2.47% 2.79% 2.61%
5 years 2.70% 2.76% 2.87%
7 years 2.74% 2.77% 3.11%
10 years 2.73% 2.81% 3.28%
       
 Fixed Rate Advances   Fixed Rate Callable Advances (Call Option Owned by Member) 
Term Community Advances Regular Advances All-in After Dividend* Forward-Starting  Term   Lockout   Bermudan   All-in After Dividend*   Option Cost 
 1 week    0.91% 0.69% Advances settle one year forward from today and then have stated term to maturity  2 years  6 months 3.00% 2.77% 0.39%
 2 weeks  0.91% 0.69%  2 years  1 year 2.93% 2.71% 0.33%
 3 weeks  0.92% 0.70%  3 years  6 months 3.35% 3.13% 0.57%
 1 month  0.89% 0.99% 0.77%  3 years  1 year 3.28% 3.06% 0.50%
 3 months  1.31% 1.41% 1.19%  5 years  6 months 3.73% 3.50% 0.85%
 6 months  1.67% 1.77% 1.55%  5 years  1 year 3.65% 3.42% 0.77%
 9 months  1.91% 2.01% 1.79%    5 years  2 year 3.57% 3.35% 0.70%
 1 year  2.19% 2.29% 2.07% 3.00%  7 years  1 year 4.21% 3.99% 1.10%
 1.5 years  2.38% 2.48% 2.26% 3.04%  7 years  2 years 4.13% 3.91% 1.02%
 2 years  2.51% 2.61% 2.38% 3.07%  10 years  2 years 4.54% 4.32% 1.25%
 2.5 years  2.60% 2.70% 2.48% 3.06%  10 years  3 years 4.47% 4.25% 1.19%
 3 years  2.68% 2.78% 2.56% 3.05%  10 years  5 years 4.40% 4.18% 1.12%
 3.5 years  2.72% 2.82% 2.60% 3.05%  15 years  5 years 4.85% 4.62% 1.16%
 4 years  2.74% 2.85% 2.62% 3.04%  Fixed Rate Putable Advances (Call Option Owned by FHLBC) 
 4.5 years  2.76% 2.86% 2.64% 3.12%  Term   Lockout   European   All-in After Dividend*   Option Value 
 5 years  2.77% 2.87% 2.65% 3.18%  3 years  6 months 1.63% 1.41% -0.14%
 6 years  2.91% 3.01% 2.79% 3.27%  5 years  6 months 1.55% 1.33% -0.22%
 7 years  3.00% 3.11% 2.89% 3.36%  7 years  6 months 1.51% 1.29% -0.26%
 10 years  3.17% 3.28% 3.06% 3.50%  10 years  6 months 1.49% 1.26% -0.28%
 15 years  Call for availability 3.69% 3.47%    3 years  1 year 2.03% 1.81% -0.27%
 20 years  3.72% 3.50%    5 years  1 year 1.85% 1.63% -0.44%
 30 years  3.93% 3.71%    7 years  1 year 1.78% 1.56% -0.52%
   10 years  1 year 1.74% 1.51% -0.56%
 5 years  2 years 2.25% 2.02% -0.36%
 Amortizing Advances   7 years  2 years 2.15% 1.92% -0.46%
  Amortization Term  10 years  2 years 2.08% 1.86% -0.53%
Term 5 years 7 years 10 years 15 years  7 years  3 years 2.35% 2.12% -0.44%
 5 years  2.80% 2.86% 2.89% 2.91%  10 years  5 years 2.61% 2.39% -0.26%
 7 years  n/a 2.94% 3.05% 3.11%  Term   Lockout   Bermudan   All-in After Dividend*   Option Value 
 10 years  n/a n/a 3.13% 3.24%  5 years  6 months 1.48% 1.26% -0.28%
Term 15 years 20 years 25 years 30 years  7 years  6 months 1.35% 1.12% -0.42%
 15 years  3.41% 3.56% 3.63% 3.67%  10 years  3 months 1.08% 0.86% -0.33%
 20 years 
n/a 3.60% 3.68% 3.72%  7 years  1.24% 0.02% 1.26% 0.32%
 30 years  n/a n/a n/a 3.82%    10 years  1.55% 0.02% 1.58% 0.32%
                     
                     
 Floating Rate Advances 
 Term Discount Note Floater Advances     Overnight Index Floater Advances** 
  Non-Prepayable Prepayable (on reset dates)^  Index / Rate Indic.   Term   Prior Index   Spread   Prior Day Rate 
 Term**   Spread to 4WK   Spread to 13WK   Spread to 4WK   Spread to 13WK  Overnight  DN^ <= 3 Months 0.553% 0.335% 0.918%
 3 months  0.22% n/a 0.28% n/a SOFR 3 Months 0.78% 0.16% 0.94%
 6 months  0.27% 0.21% 0.34% 0.28%   SOFR 6 Months 0.78% 0.16% 0.94%
 1 year  0.28% 0.22% 0.36% 0.30% SOFR 9 Months 0.78% 0.17% 0.95%
 2 years  0.34% 0.28% 0.36% 0.30% SOFR 1 Year 0.78% 0.18% 0.96%
 3 years  0.35% 0.29% 0.37% 0.31% SOFR 18 Months 0.78% 0.19% 0.97%
 4 years  0.36% 0.30% 0.38% 0.32% SOFR 2 Years 0.78% 0.20% 0.98%
 5 years  0.37% 0.31% 0.39% 0.33% SOFR 3 Years 0.78% 0.29% 1.13%
Prior Index 4 week 0.826% 13 week 1.202% SOFR 4 Years 0.78% 0.38% 1.17%
 ^Prepayable at par with 1 day notice. **Please call for terms between 5 years and 10 years, or for 26 week index.  SOFR 5 Years 0.78% 0.42% 1.12%
 Overnight Advances  SOFR 6 Years 0.78% 0.56% 1.36%
 Term     Minimum   Today   Prior Day  SOFR 7 Years 0.78% 0.64% 1.43%
1 Day   No minimum 0.90% 0.90% SOFR 8 Years 0.78% 0.72% 1.51%
Open Line (Daily Rate Set)# No minimum 1.04% 1.04% SOFR 9 Years 0.78% 0.78% 1.55%
#Rate set at and available until 3:00 pm; Late Day Advances may be available until 4:30 pm by calling 855-345-2244, Option 1. SOFR 10 Years 0.78% 0.78% 1.58%
FHLBC Deposit Rates^ DID (yesterday) 0.67239%  ^Prepayable same day before 3:00PM. **Please call for additional terms not listed above. 
 ^Call for term deposit rates.